Northeast Kingdom Development Corporation
EIN: 30330497 · St Johnsbury, VT · NTEE: J22
| Metric | Value |
|---|---|
| Total Revenue | $3.8M |
| Total Expenses | $387K |
| Net Assets | $388K |
Is Northeast Kingdom Development Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Northeast Kingdom Development Corporation
Northeast Kingdom Development Corporation (EIN: 30330497) is a nonprofit organization based in St Johnsbury, VT, classified under NTEE code J22. The organization reported total revenue of $3.8M and total assets of $9.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northeast Kingdom Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Northeast Kingdom Development Corporation is a mid-size nonprofit that has been operating for 25 years, with 7 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $304K |
| Total Expenses | $387K |
| Surplus / Deficit | $-82,984 |
| Total Assets | $1.2M |
| Total Liabilities | $825K |
| Net Assets | $388K |
| Operating Margin | -27.3% |
| Debt-to-Asset Ratio | 68.0% |
| Months of Reserves | 37.7 months |
Financial Health Grade: C
In 2023, Northeast Kingdom Development Corporation reported a deficit of $83K with expenses exceeding revenue, holds 37.7 months of operating reserves (strong position), has a debt-to-asset ratio of 68.0% (high leverage).
Financial Trends
Over 7 years of filings (2012–2023), Northeast Kingdom Development Corporation's revenue has grown at a compound annual growth rate (CAGR) of 0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5060850.0% | — | +789.5% |
| 2017 | +0.0% | -100.0% | -30.3% |
| 2016 | -100.0% | -100.0% | -23.3% |
| 2015 | +1009.5% | -2.2% | +29.5% |
| 2014 | +511.2% | -54.2% | -16.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Northeast Kingdom Development Corporation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Northeast Kingdom Development Corporation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $83K, with expenses exceeding revenue.
- Debt-to-asset ratio: 68.0%.
Frequently Asked Questions about Northeast Kingdom Development Corporation
Is Northeast Kingdom Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Northeast Kingdom Development Corporation (EIN: 30330497) insufficient data. 0 red flags identified, 0 strengths noted.
How does Northeast Kingdom Development Corporation spend its money?
Detailed spending breakdown data is not yet available for Northeast Kingdom Development Corporation. Check back for updated IRS 990 analysis.
Are donations to Northeast Kingdom Development Corporation tax-deductible?
Northeast Kingdom Development Corporation is registered as a tax-exempt nonprofit (EIN: 30330497). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Northeast Kingdom Development Corporation located?
Northeast Kingdom Development Corporation is headquartered in St Johnsbury, Vermont and files with the IRS under EIN 30330497. It is classified under NTEE code J22.
How many years of IRS 990 filings does Northeast Kingdom Development Corporation have?
Northeast Kingdom Development Corporation has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.8M in total revenue.
Filing History
IRS 990 filing history for Northeast Kingdom Development Corporation showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2012–2023), Northeast Kingdom Development Corporation's revenue has grown by 5.1%, moving from $289K to $304K. Total assets increased by 251.1% over the same period, from $346K to $1.2M. Total functional expenses rose by 517.1%, from $63K to $387K. In its most recent filing year (2023), Northeast Kingdom Development Corporation reported a deficit of $83K, with expenses exceeding revenue. The organization holds $825K in liabilities against $1.2M in assets (debt-to-asset ratio: 68.0%), resulting in net assets of $388K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $304K | $387K | $1.2M | $825K | — | View 990 |
| 2017 | $6 | $0 | $136K | $134K | — | View 990 |
| 2016 | $6 | $5 | $196K | $194K | — | View 990 |
| 2015 | $107K | $48K | $255K | $0 | — | View 990 |
| 2014 | $10K | $50K | $197K | $330 | — | View 990 |
| 2013 | $2K | $108K | $237K | $330 | — | View 990 |
| 2012 | $289K | $63K | $346K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $304K, expenses of $387K, and assets of $1.2M (revenue +5060850.0% year-over-year).
- 2017: Revenue of $6, expenses of $0, and assets of $136K (revenue +0.0% year-over-year).
- 2016: Revenue of $6, expenses of $5, and assets of $196K (revenue -100.0% year-over-year).
- 2015: Revenue of $107K, expenses of $48K, and assets of $255K (revenue +1009.5% year-over-year).
- 2014: Revenue of $10K, expenses of $50K, and assets of $197K (revenue +511.2% year-over-year).
- 2013: Revenue of $2K, expenses of $108K, and assets of $237K (revenue -99.5% year-over-year).
- 2012: Revenue of $289K, expenses of $63K, and assets of $346K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Northeast Kingdom Development Corporation:
Data Sources and Methodology
This transparency report for Northeast Kingdom Development Corporation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.